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Search Results 0 to 5 of about 6 (some duplicates have been removed)
Nov 3, 2012 6:30am PDT
lost under his watch. that's quite a feat, but romney says not good enough. >> we're going to create 12 million new jobs and more take-home pay. >> reporter: >> how is that possible, major economic growth. the economy grew at a 2% annual rate during the third quarter, better but not nearly enough to significantly boost hiring. romney will be much more than that to keep his jobs promise. how about housing. prices in some areas are rising, foreclosures slowing, but this is america and what will really get the economy going again is you. consumer spending rising, consumer confidence the best in four years. there's no doubt president obama inherited an economy in crisis, and his supporters will tell you he's turned things around. >> we have made real progress. >> his final argument, he deserves another four years to finish the recovery. mitt romney says his business experience and his big ideas are what america needs. you've heard their closing arguments. now it's decision time. and that makes you the jury, and the jury in ohio may determine the fate of the nation for the next fou
Nov 17, 2012 9:30am EST
the rich at 200,000 or 500,000. >> sounds like a mitt romney plan actually. >> have a bucket of deductions. >> not an up upon lar idea, a smart way to get over political fight over all the tax breaks and maybe the democrats will go for a tax rate hike on people making 500,000 or more, 1 million or more. you know, i don't know how it's going to turn out. i wish, i wish i did. >> i don't think they know. and that's what's so kind of curious about the whole thing because we're so close to having, you know, a new year with a paycheck that's going to -- you know, there are withholding tables and we don't know what it be t will be. the ceo of the bond giant pimco wrote an editorial saying president obama will and should insist on increasing taxes on the rich and warren buffett said taxes should be significantly higher on the wealthy, many rich americans like those two guys are paying a lower tax rates, mostly because capital gain taxes are only 15% right now. will both sides seem willing to avoid an economic disaster by extending the bush tax cuts and why do republicans insist so much
Nov 10, 2012 6:30am PST
nation. >> ali, governor romney said he could create 12 million jobs in four years. the obama camp said, hey, we can too. now they have to figure out how to create jobs and avoid the fiscal cliff at the same time, which is interesting, because washington hasn't really been known for being able to walk and chew gum at the same time, especially on the economy. can they do both? can you cut the deficit, look to long-term paydown of the debt and create jobs at the same time? >> maybe you can. you certainly can't do it with this fiscal cliff looming so there will be no economic growth. that's what you need to create jobs. can't do that with this fiscal cliff looming, so the derrickan if they decide to kick this down six months you stall that growth. we're at 2% economic growth. if we slow that down in the new year, we won't create the 8 million jobs in four years we're expected to create. so under the current circumstance there's zero chance of 12 million jobs in four years. many policy makers don't believe that can happen because nobody is predicting the 4% economic growth you would need. r
Search Results 0 to 5 of about 6 (some duplicates have been removed)